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Toke Makinwa Counters Rumour That Her Banana Island House Has Been Seized By AMCON



Social media was thrown into a frenzy following reports that Toke Makinwa’s house had been seized by Asset Management Corporation of Nigeria (AMCON).

It only took a moment after the rumor spread, for Nigerians to come so hard for the OAP, most mocking her. The property is believed, based on rumors, to be a gift from a man.

On July 2, the Asset Management Corporation of Nigeria (AMCON) had seized assets belonging to Mr Festus Fadeyi and Pan Ocean Group. The corporation said they were holding on to debt of over N240 billion.

Following the drama on social media, the media personality has finally come out to affirm she is the sole owner of the property.


In a statement released by her publicist, Andrea Manuela Giaccaglia, Makinwa denied the rumours insisting that she is the sole owner of the said property. The statement reads:

“On behalf of Ms. Toke Makinwa, we would like to address the rumour circulating the internet that Ms. Toke Makinwa’s alleged house in Banana Island was taken over by the Asset Management Corporation of Nigeria (AMCON).”

“Ms. Toke’s is the sole owner of her residence in Ikoyi. Our lawyers have been contacted and legal action will be taken against the originators of this story. Kind Regards, Toke Makinwa’s Management.” Follow us on Instagram @sofovilla | Follow us on Twitter @sofovilla | Like our page on Facebook via @sofovillamedia

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